AvenueWest vs Nexus Property Management Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of AvenueWest vs Nexus Property Management including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
AvenueWest Franchise
Nexus Property Management Franchise
Investment N/A$50,350 - $106,250
Franchise Fee N/A$25,000
Royalty Fee -6% +2%
Advertising Fee -1%
Year Founded 02012
Year Franchised 02017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
AvenueWest Franchise
Nexus Property Management Franchise
Experience -$100K Net Worth

Financing Options

 
AvenueWest Franchise
Nexus Property Management Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
AvenueWest Franchise
Nexus Property Management Franchise
Training -We include a weeks worth of training at our headquarters to teach franchisees everything they need to know in order to run a Nexus office.
Support -We offer 24/7 ongoing support in regards to questions/concerns/feedback/suggestions/etc. We will also send a Nexus representative to assist the franchisee with their office grand opening.
Marketing --
Operations -Property Management, Leasing, Maintenance, Investment Realty

Expansion Plans

 
AvenueWest Franchise
Nexus Property Management Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion No-

Company Overviews

About AvenueWest

Are you looking for: A new and exciting business opportunity? A business with good residual income? A successful team atmosphere? A high energy and growing industry? Now you can build your own unique and profitable real estate business, in your market, by tapping a growing demand for longer term furnished lodging with the AvenueWest Managed Corporate Housing program. Your franchise ownership means entrance into the $2.7 billion dollar corporate housing industry. You will be servicing a diverse and interesting client base, providing you with an exciting and rewarding business opportunity. Let us put our experience and knowledge into your hands. You will quickly discover the attractive income potential that is available by serving both the business community and an increasingly wide array of other longer term housing occupants seeking fully furnished properties. Additional revenue opportunities are possible including longer-term unfurnished rentals, brokering a relocation client's home purchase and working with investors and property owners wishing to put a corporate housing property under your management. The experienced team at AvenueWest Global Franchise guides you through the steps needed to replicate this award winning system. Working as a team we provide you with the tools needed to integrate property management, marketing, leasing, sales and accounting aspects of the business to equip you to quickly find success in the corporate housing industry. AvenueWest Global Franchise offers: A Proven Business Model - begin knowing you are on the right path Hands-on Training - learn from those who understand the unique nature of corporate housing On-going Operational Support - our continuing goal is to make you successful Documented Operational Manual - a step by step reference at your finger-tips National Name Recognition - tap into a tradition of excellence National Marketing - immediate exposure to corporate clients Market Specific Website - your own individual market identity Corporate Housing Management Software - a tailored system that simplifies the process Daily Accounting Support - we take on this duty so you can work more productively Continuing Education - geared to keep you abreast of industry trends Openness to Your Input - a willingness to listen and respond to your ideas and suggestions

About Nexus Property Management

Nexus Property Management™ is exclusively focused on property management and assisting real estate investors acquire investment properties. Our unique approach, systems, and efficiencies are derived from years of experience, managing hundreds of units. While most real estate companies who offer property management are primarily brokerages with the main focus being sales, 
Nexus Property Management™ routinely turns down opportunities that may spread resources to other areas and dilute our standard of service. We manage property, and that is all we do. Nexus Property Management™ has the singular focus to be the industry leading property management company nationwide. Nexus Property Management™ has recently been approved to franchise nationwide and has multiple franchise locations in progress. 

We are now offering our industry proven model to those looking to own their business, but not have to deal with the risks associated in starting from scratch!

"business"                                                                     "suit
Startup Costs/Fees:

$25K Franchise Fee
$25K-$75K Office/Location Setup (Varies on size/location)

Royalties: 6% of property management revenue, 2% of maintenance revenue, System Advertising 1% of management + maintenance revenue

Whats included? A turn key website which we provide ongoing support/updates on, SEO, adwords campaigns, all social media management, private intranet offering 24/7 access to our support staff/training manuals/educational docs